EU lawmakers demand tighter rules on big tech market dominance
· Technology · Business Standard
EU legislators are pushing for stricter antitrust measures against dominant technology companies, arguing current regulations fail to address entrenched market power. The European Parliament committee voted to support new oversight mechanisms that would expand scrutiny of self-preferencing practices and merger thresholds. If adopted, the reforms would grant regulators enhanced powers to probe and penalize anti-competitive behavior across digital markets. The move reflects growing political pressure to ensure fairer competition in Europe's digital economy.
Why it matters
The reforms could force major tech firms to alter pricing models and data practices, directly affecting Indian consumers and startups relying on European digital services.
Read the original report — Business Standard
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